為什麼Tier-1交換不會列出PI網絡

隨著Coinbase，Binance和Upbit等頂級公司的交換列表機率仍然很苗條，PI網絡的價格在4月份的低點持續下降。

The price of Pi Network (PI) continues to languish near April lows as the odds of exchange listings by top companies like Coinbase (NASDAQ:COIN), Binance, and Upbit remain slim.

PI Network（PI）的價格繼續在4月份的低點降低，因為Coinbase（NASDAQ：COIN），Binance和Upbit等頂級公司的交換清單機率保持苗條。

The Pi Coin token was trading at $0.7280 on Tuesday, down over 57% from its monthly high of about $1.6740. It hit a high of $1.46 during the April rally that saw most cryptocurrencies surge.

PI硬幣令牌週二的交易價格為0.7280美元，其每月高點約為1.6740美元以上。在四月的集會中，它達到了1.46美元的高價，大多數加密貨幣激增。

Why Tier-1 Exchanges Won’t List Pi Network

為什麼Tier-1交換不會列出PI網絡

Pi Network ranks among the largest cryptocurrencies, with a diluted market capitalization exceeding $70 billion. It is also one of the most popular coins, having more than 20 million verified users in its ecosystem.

PI網絡是最大的加密貨幣之一，稀釋的市值超過700億美元。它也是最受歡迎的硬幣之一，其生態系統中擁有超過2000萬驗證的用戶。

As such, it is a big surprise that most tier-1 and tier-2 crypto exchanges have yet to list the coin, a move that would immediately earn them millions of dollars in fees.

因此，令人驚訝的是，大多數Tier-1和Tier-2加密交易所尚未列出硬幣，這一舉動將立即為他們帶來數百萬美元的費用。

The most likely reason why these exchanges have not listed Pi Network is that it is a highly centralized cryptocurrency whose activities are controlled by an obscure organization known as the Pi Foundation.

這些交易所未列出PI網絡的最可能原因是它是一種高度集中的加密貨幣，其活動由一個被稱為PI Foundation的晦澀的組織控制。

The Pi Core team has not disclosed much about the Pi Foundation, including its location. It has also not mentioned whether a major accounting company like Deloitte or PWC audits the foundation.

PI Core團隊並未透露太多有關PI基金會的信息，包括其位置。它還沒有提到像德勤（Deloitte）或普華永道（PWC）這樣的主要會計公司是否對基金會進行審核。

This transparency is crucial for three primary reasons. First, Pi Foundation holds over 90 billion of the unlocked Pi Coins in thousands of wallets. The only public wallets you can see on PiScan hold 0.72 billion Pi coins valued at over $53 billion. The remaining 20 billion tokens are held in untraceable wallets.

這種透明性至關重要，原因有三個。首先，PI Foundation擁有超過900億枚未鎖定的PI硬幣。您可以在Piscan上看到的唯一公共錢包持有7.2億PI硬幣，價值超過530億美元。剩下的200億個令牌被放在難以置信的錢包中。

As such, exchanges like Coinbase, Binance, Kraken, and Upbit are unlikely to list Pi Network until the developers agree to decentralize the project. Another option is to appoint a respected auditor to oversee these wallets and update the community whenever the Pi Foundation conducts transactions.

因此，在開發人員同意分散項目之前，諸如Coinbase，Binance，Kraken和Upbit之類的交流不太可能列出PI網絡。另一種選擇是任命受人尊敬的審計師來監督這些錢包，並在PI基金會進行交易時更新社區。

Recently, there have been accusations that the Pi Core Team and the Pi Foundation executed a rug pull scam. In this, they created speculation about an important news event and then sold tokens when the price surged.

最近，有人指控PI Core團隊和PI基金會執行了地毯拉力騙局。在這方面，他們對重要新聞事件進行了猜測，然後在價格上漲時出售令牌。

Pi Coin Faces Ecosystem Challenges

PI硬幣面臨生態系統挑戰

Another reason top-tier 1 exchanges might avoid listing Pi Network is its status as a ghost chain. A ghost chain is a blockchain network with no developer activity.

頂級1交換可能避免列出PI網絡的另一個原因是其作為幽靈鏈的狀態。幽靈鍊是一個沒有開發人員活動的區塊鍊網絡。

One of the three key things that needed to happen before the mainnet launch was to have at least 100 mainnet-ready applications. The challenge has been that none of these applications have become popular.

在主網發布之前需要發生的三個關鍵事情之一是至少有100個主網網。挑戰在於，這些應用都沒有流行。

To address this crisis, management has launched a $100 million ecosystem fund to support startups leveraging its technology. However, as we have seen with other chains with ecosystem funds, the risk is that many apps don’t become popular.

為了解決這一危機，管理層已經啟動了一項耗資1億美元的生態系統基金，以支持利用其技術的初創公司。但是，正如我們在其他帶有生態系統基金的連鎖店看到的那樣，風險是許多應用程序並不流行。

Also, the network will take more than a year to have meaningful applications.

此外，網絡將需要一年多才能擁有有意義的應用程序。

To be clear, some tier-one exchanges may list Pi Network without an active ecosystem or utility. However, the initial pop after listing will likely be short-lived.

需要明確的是，一些層次交流可能列出沒有活動生態系統或實用程序的PI網絡。但是，列表後的最初流行聲可能是短暫的。